CCL Industries Inc. (TSE:CCL.B) Senior Officer Suzana Furtado Sells 250 Shares

CCL Industries Inc. (TSE:CCL.B) Senior Officer Suzana Furtado sold 250 shares of the stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of C$72.52, for a total transaction of C$18,129.35.

CCL Industries Stock Up 0.8 %

TSE CCL.B traded up C$0.60 during trading hours on Friday, hitting C$72.69. 32,322 shares of the company were exchanged, compared to its average volume of 297,034. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08. The firm has a market cap of C$12.14 billion, a price-to-earnings ratio of 19.33, a PEG ratio of 0.26 and a beta of 0.57. The company has a 50 day moving average of C$72.35 and a two-hundred day moving average of C$76.51. CCL Industries Inc. has a 52-week low of C$66.96 and a 52-week high of C$84.70.

Analyst Ratings Changes

Several brokerages have recently commented on CCL.B. TD Securities decreased their price objective on shares of CCL Industries from C$98.00 to C$94.00 in a report on Friday, November 15th. Stifel Nicolaus upped their price target on CCL Industries from C$85.00 to C$90.00 in a research note on Monday, November 18th. CIBC dropped their price objective on CCL Industries from C$97.00 to C$96.00 and set an “outperform” rating for the company in a research note on Tuesday, February 25th. Royal Bank of Canada decreased their target price on CCL Industries from C$92.00 to C$90.00 in a research note on Friday, November 15th. Finally, BMO Capital Markets raised their target price on CCL Industries from C$90.00 to C$93.00 in a report on Friday, November 15th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of C$90.38.

About CCL Industries

CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products.